New Jersey Democratic Gov. Phil Murphy and leaders in the state legislature have agreed on a compromise bill that will raise the minimum wage to $15 an hour by 2024, NJ Advance Media reports.

The bill, if passed, accomplishes one of Murphy’s policy goals while satisfying state legislators that the change, from a current minimum wage of $8.85, will not be too radical. Senate President Stephen Sweeney and Assembly Speaker Craig Coughlin, both Democrats, scored exemptions on some kinds of employers that the lawmakers believed would be unduly harmed by the wage hike.

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The law would raise the state minimum wage to $10 an hour for most workers on July 1, $11 in 2020, $12 in 2021, $13 in 2022, $14 in 2023 and $15 in 2024. Seasonal and small business employers will not have to pay a $15 minimum wage until 2026.

“I’m sorry it took as long as it did, but I think we came up with a really good compromise,” Sweeney told NJ Advance Media. “It took forever, but we got it done.”